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Published on 9/30/2009 in the Prospect News High Yield Daily.

Alon Refining marketing $205 million five-year notes via Jefferies

By Paul A. Harris

St. Louis, Sept. 30 - Alon Refining Krotz Springs, Inc. started a roadshow on Wednesday for a $205 million offering of five-year senior secured notes (/expected BB/), according to an informed source.

The deal is expected to price on Oct. 9.

Jefferies & Co. is the bookrunner for the Rule 144A with registration rights offering.

The notes come with three years of call protection.

Proceeds will be used to refinance the Louisiana-based refiner's existing term loan and for general corporate purposes.


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